SMME Support as of July 2020 SMME Support as of July 2020 What the Renewable Energy (IPP) Projects have contributed to the Small Medium Micro Enterprises in South Africa SuperUser Account / Wednesday, October 21, 2020 0 5632 Article rating: 4.0 The purpose of this presentation is to provide the information on what the Renewable Energy (IPP) Projects have contributed to the Small Medium Micro Enterprises in South Africa. Read more
AFRICOAST ENERGY LAUNCHED AFRICOAST ENERGY LAUNCHED SuperUser Account / Monday, April 13, 2015 0 59846 Article rating: 3.5 FOLLOWING significant growth in the renewable energy business, AfriCoast Engineers SA has developed a sister company to exapnd its vision. Read more
AFRICOAST ENGINEERS SA ESTABLISHES RENEWABLE ENERGY COMPANY AFRICOAST ENGINEERS SA ESTABLISHES RENEWABLE ENERGY COMPANY SuperUser Account / Thursday, February 12, 2015 0 56690 Article rating: 4.0 Renewable energy engineering firm AfiCoast Engineers SA has announced that a new company, AfriCoast Energy, will now be responsible for all future renewable energy projects - particulary wind and solar - while it will also play a key role in guiding AfriCoast Engineers' current basket of renewable energy projects. Read more
R6.7bn in savings secured under Targeted and Responsible Savings scheme SuperUser Account / Wednesday, November 12, 2025 0 0 Article rating: No rating The National Treasury has started to quantify the savings it is expecting from its Targeted and Responsible Savings (TARS) initiative, which seeks to identify low-priority or underperforming programmes for possible closure, as well as to weed out ghost workers. The approach seeks to move away from the across-the-board cuts to budgets that have been implemented in previous Budget cycles, and which the National Treasury acknowledges eroded services and financial management. Read more
Godongwana outlines plans for shifting spending focus towards infrastructure SuperUser Account / Wednesday, November 12, 2025 0 14 Article rating: No rating Finance Minister Enoch Godongwana has outlined several initiatives being undertaken to finally begin shifting the composition of government spending from consumption to capital investment, including plans for a R15-billion infrastructure bond in the coming months. Such a shift has been signalled for several years, but the Medium-Term Budget Policy Statement (MTBPS) reaffirms that capital payments will be the fastest-growing area of spending over the coming three years, with plans also advancing to accelerate private sector participation in the financing and delivery of infrastructure. Read more
As expected, South Africa lowers inflation target to 3% SuperUser Account / Wednesday, November 12, 2025 0 2 Article rating: No rating As anticipated, Finance Minister Enoch Godongwana confirmed a lowering of South Africa's inflation target to 3%, with a 1 percentage point tolerance band on either side, in his Medium-Term Budget Policy Statement (MTBPS). At one point, the Minister had appeared to be at odds with Reserve Bank governor Lesetja Kganyago, who has been a strong advocate of reducing the target from the current band of 3% to 6%, reminding Kganyago that it was he who was responsible for setting monetary policy in consultation with the Governor of the Reserve Bank. Read more
Treasury confirms support for distribution agency agreements as Eskom arrear debt rises SuperUser Account / Wednesday, November 12, 2025 0 2 Article rating: No rating The National Treasury has confirmed that a scheme established to enable municipalities to write of arrear debt owing to Eskom by meeting various conditions, including keeping their current accounts up to date, is failing to arrest the crisis. “While 24 municipalities have qualified for the first one-third write-off after 12 consecutive months of payments and 21 have generally maintained payments, as of 7 May 2025, 47 municipalities remain in default,” a section in the Medium-Term Budget Policy Statement confirms. Read more